Digital currency created by nerds, promoted by libertarians, and utilized by criminals
Digital currency created by nerds, promoted by libertarians, and utilized by criminals
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The origin of the monkey story. Once upon a time, a man appeared at a village and announced that he would buy monkeys for $10 each. The villagers, seeing that there were monkeys around, went out to the forest and started catching them. The man bought monkeys at $10 and as supply started to diminish the villagers stopped catching monkeys, so he announced that he would now buy monkeys at $20. The villagers started catching monkeys again. Soon the supply of monkeys diminished even further and people started going back to their farms. The offer increased to $25 each and… Read more »
Electronic fiat currency which has zero backing, zero intrinsic value and trades solely on speculation.
A wealth-transfer mechanism where money ultimately flows from the bagholders to the miners.
Ruling elites’ bribery transaction tool.
A pyramid scheme built on blockchain which can be copied thousands of times.
An illegal digital coin which is banned in Turkey because of “irreparable” damage and transaction risks.
https://www.reuters.com/technology/turkey-bans-use-cryptocurrencies-payments-sends-bitcoin-down-2021-04-16/
Soon to be outlawed Tulip-coin.
Once Tulip-coin threatens the dollar system (or ruble-system, yuan, Euro, etc) it will be made illegal to turn tulip-coin into whatever given currency by any member bank of financial institution. That will collapse the price.
A government Trojan horse to move us into a cashless system.
The government can shut All these digital coins down in a NY minute.
All the govt needs to do is outlaw them. Completely shut them out of all legal markets. It could be done over night.
But the most important question all BTC holders need to ask: Why hasn’t the government acted to shut it down yet ?
Exactly what interest does the government have in allowing BTC to succeed ?
Something FED will not tolerate the existence of rival counterfeiters.
Time bomb waiting to explode. 80% of the government’s are developing their own digital currencies. When it is done, they can shut down crypto with a snap of their fingers like Thanos. How are you going to buy bitcoin when every transaction u make using government digital fiat are tracked?
Illegal tool, designed to be used for payoffs, graft, influence peddling, and bribery by corrupt government politicians.
The greatest scam in history
Great tool for criminals to rob suckers.
Biggest ponzi scam ever. When the banksters stop the music as they surely will then the whole thing will collapse. At that point BC will crash to its intrinsic value of zero.
Digital Tulip
Money and energy black-hole.
Chinese money laundering device